Transcript of "Foreign investment in usa raw land final"

2.
Is it Possible?
 Yes, it is Possible for You to Buy Land in USA
as there are no restrictions to foreigners
buying property anywhere in the USA.

3.
Investment Cost.
The cost of land vary based on what features
are on the parcel , its locations and size.
Once you own the property you are
responsible for payment of annual property
tax.

4.
What is Process?
First is to get a Tax Identification number from
http://www.irs.gov/Individuals/InternationalTaxpayers/Taxpayer-Identification-Numbers(TIN)
Plan the investment financing, you can pay
cash or use owner financing option.

5.
What is Process?
Find a parcel of choice you could either use an
agent or use online raw land selling sites.
Do the due diligence on the said parcel ensure
clean title by calling the county office.
Contact the seller and close the deal.

6.
Responsibility
 Any appreciation on initial investment is
considered as capital gain .
 Such gain is subject to regular U.S. income tax
rates. As such, if the U.S. real property is held by a
foreign individual, qualifies as a capital asset, and
was held for at least one year, any gain will be
subject to the lower capital gains tax rates.
http://www.irs.gov/Individuals/InternationalTaxpayers/FIRPTA-Withholding

7.
Responsibility
If U.S. real property is disposed of by gift, then
FIRPTA withholding does not apply, and the
foreign donor does not recognize gain.
If U.S. real property is held outright by a
foreign individual at his or her death, then
that property is subject to U.S. estate tax.

8.
Advantages
You retain control. You can buy, sell, rent, or
develop at your convenience.
Land value appreciation. This leads to capital
gains on your initial investment is in USD.
Land retains its value as it is a hard asset.
Which means it retains a value independent of
any paper currency’s nominal value.
Real estate has multiple uses.
This is not legal advice but tips based on experience.